Crab
Crab Complete & Potential H&SUK100 Crab complete with potential double top (Not confirmed yet though until neckline is broken)
I have entered early just based on LTF analysis, so that has made this trade a little riskier, but the probability of this falling are greater than rising so for me it was worth the risk, if hit's SL we just get back in a little higher and ride the wave down bringing all that 💰back in!
Whats your thoughts?
Potential Deep Crab GBPJPY - Potential deep crab forming, I will wait to see if price rejects from the daily low or breaks down to the crab D point!
I'm still overall bullish on this pair on the HTF I have a crab on the weekly projection, I would see this move as retracement > continuation.
Whats your thoughts?
Deep Crab Completed (Almost....)USDCAD - Sitting in a strong supply zone, BOS on the daily TF creating new lows, price right now is sitting on a strong Daily OB along with multiple other confirmations, so chances of reversal or at least a pullback are highly probable, I'm waiting to see if price starts to break back towards the Daily high, if so ill enter a swing on a second test.
Whats your thoughts?
Crab & BOSUS30 - Rejected nicely from the 35000 area yesterday and has now broken the highs on the LTF
I'm expecting price to hit/break previous highs so I've take this long following the HTF bias and LTF price action!
Whats your thoughts?
BEARISH CRAB - FORECASTBEARISH CRAB FORECAST
Hello!
Fibo 0,618 is the key retracement level to be followed.
If the pattern works then the max. point D is the final poit to be reached.
Stop Loss level is 5,42
1st target : 6 (fibo 0,382)
2nd target fibo 0,236
final target fibo 0 level can be followed.
Please do not make investment according to the idea given in here
A very Good luck!
Potential Crab Forming US30 - if 35000 holds we may see new highs and a completed daily crab!!
However, we do have many strong resistance points in the way for that to happen (Nice zones of interests for potential short scalps or even reversals)
If price breaks 35000 then we're potentially falling back to the lows!
Canadian National Resources (CNQ) ... In Deep Crab territoryCNQ on the TSX would be a likely sale candidate if oil rolls over.
Recent price action has traced out a Deep Crab Harmonic Pattern.
While Deep Crabs are quite reliable, Point D often extends past 1.618 to the 1.92 area.
So watch this with an eye to take advantage of price exhaustion.
I have added a WTI overlay in $CAD for reference.
Not investment advice. Do your own due diligence.
S.
EURJPY - Bearish Deep Crab HOP LevelA Bearish Deep Crab pattern has touched the D-Point completion at 132.45. Counter Trend traders can consider engaging in the trade.
Conservative traders can wait for
1) Further consolidation and make sure it didn't break and close above 132.77 for a shorting opportunity.
2) Wait for consolidation to happen at 133.60 for a shorting opportunity as a second chance entry for a shorting opportunity. That level coincides with the daily chart bearish bat pattern.
Potential Deep CrabGBPNZD - Potential Daily Crab, D leg lands in the daily demand zone, clears an imbalance and taps a refined OB (This is my ideal entry for a buy, highest probably, lowest DD trade)
However price may just clear the daily imbalance (1.93043 level) and then reverse!
Will be watching PA as it reaches this level. First level ill take a swing with LTF confirmation at the first if price bounces, and if price comes to mitigate the second level ill add a second order.
Whats your thoughts?
Gold... A Menagerie of Harmonics
Lots of patterns in play as we approach NFP (Non Farm Payroll) tomorrow.watch politicians make fools of themselves, get deeper in debt ... as world tensions increase.
Take your choice,
I personally favour the $1710 area as the next stop but who knows.
Be flexible and nimble.
Not investment advice
S.